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of that because of superstorm sandy halting hiring. we know a lot of employers seem to be holding back until lawmakers come to an agreement or not on the fiscal cliff. meeting expectations -- median expectations would be 85,000 jobs. over at macy's, we know there are a top -- are a lot of temporary workers. they will be burning the midnight oil. stores will stay open for 48 hours straight between december 24 -- december 23, and december 24. good news if you like your morning orange juice. we could see an easing of prices trickled down to consumers. the current crop could be bigger than the government is currently expecting. netflix ceo under pressure on the sec. a study showing that gays earn more and owe less. >> we will check back in with you soon. thank you so much for that. 4:30 it is your time. >> still to come and good morning washington, growing concerns over the crisis in syria. >> looking a lot more like christmas outside the white house. the first family of flipped the switch on the national christmas tree. it is the first year for this particular 30-foot tree. that is carrying on
after super-storm sandy wreaked havoc along the new jersey shore, president obama met today with governor chris christie at the white house. the topic-- federal aid for storm recovery. the president is expected to ask congress for about $50 billion in additional emergency assistance. ruben ramirez is in seaside heights, new jersey, where business owners are striving to recover. ruben? >> reporter: thanks, tom. yes, nearly six weeks after super-storm sandy devastated this barrier island off the coast of new jersey, there's still a curfew in place. a lot of the traffic you see behind me is a lot of those longtime residents from the island and business owners who have bn going back day in and day out, trying to recover and repair whatever's left. some of those business owners we had a chance to speak to today. they say they'll reopen come next summer. >> you've kbchb in business 33 years, have you seen this sort of devastation before. >> no, nothing like this. we-- that's the reason we stayed because they were explaining that there was going to be a terrible storm. but we, of t
jersey governor chris christie says superstorm sandy caused $37 billion in damages to his state. christie was in washington yesterday making stops at the white house and capitol hill, asking lawmakers for an additional $83 billion in disaster relief for his state as well as new york and connecticut. >>> right now in montgomery county police need your help finding a missing man who possibly spent the night in the cold. he's 34-year-old eric olson, and he's from the derwood area. his family says he takes medication but didn't have it with him. olson was outside his home on deer lake road. he had on a blue winter coat and dark blue sweat pants. if you've seen this man, you're asked to contact montgomery county police. >>> a crime alert. police believe two women are responsible for a string of burglaries in the ivory tower dorm. if each case, women left their doors open. the women came in and walked away with lap tops. police warn students to lock their dorm room doors when they leave and consider keeping it locked when they're in the room as well. >>> gaithersburg is worried that wild animal
today. did superstorm sandy deliver a hit to hiring. >>> the duchess of cbridge is discharged from the london hospital where she was treated for morning sickness april and for the first time one of kate's relatives is talking about her pregnancy. >> what is your reaction about the news to duchess of cambridge. >> how do you know i'm not a radio station? >> this is the "cbs morning news" for friday, december 7, 2012. >>> good morning. good to be with you. i'm terrell brown. a strong earthquake hit northeastern japan this morning, the magnitude 7.3 quake struck in the early evening in the same area that suffered a powerful quake and tsunami last year. a tsunami warning has been issued. residents have been told to move to higher ground. the fukushima nuclear plant has not been damaged. the quake was felt as far south as tokyo. lucy craft is in tokyo. what can you tell us? >> reporter: no reports of damage or injury. it's still way too early. we have a tsunami warning. the tide is about three feet or two meters or one meter, i should say. very interesting, this time the warnings came v
,000 people. claims surged in mid-november after superstorm sandy put many out of a job. data from the u.s. department of labor revealed california's program failed every year since 2001 to send 87% of first payments within three weeks as required by federal standards. f bart's board of -- >>> bart's board of directors gives military veterans an advantage. they will get a 5% bunk to their score. it does not apply to those who were dishonorably discharged. f muni sell -- >>> money celebrates its 100th birthday. they plan to offer free rides on the anniversary day. in 1912 the fairs were a nickel. the mta considered charging a nickel on december 28 but free ride turned out to be more feasible. >>> mayor ed lee signed an ordinance banning nudity. it will go into effect february 1. >>> drying out afters of rain but weather could be an obstacle. what you can expect to see tomorrow. >> and crabbers being pinched on prices? >> 2 dollars 75 instead of $3. >> why their dispute could make it harder forria to by -- for you to buy crabs. >>> may be difficult to find crabs this season. it is not the
the jobs report will show employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature probably off the table. >> reporter: aides met yesterday but no signs of progress. tahman bradley, abc7 news. >>> if you park at a bart station while ri
creation was down substantially from october because of superstorm sandy. >>> apple fans, did you know all your apple l products are made in china. you may have not that but it's about -- known that but it's about to change. they will start assembling one of their mass computer models here in the usa. analysts are calling this a big move. >> for apple l to step out and say this is something they want to do, they want to manufacture here in the united states, it's a big deal. and it's a big differentiator for this country. >> the plan did make apple products before the company moved production overseas. >>> zynga is a leader in virtual poker but it wants to get into real money gambling. they filed an application with the nevada gaming parole board, a process that could take up 18 moments. shares rose 17% after that announcement. >>> encouraging news on diet and breast cancer. micro nutrients found in fruits and vegetables have cancer fighting properties. women who eat fresh produce may reduce their risk. there is evidence that the micro nutrients keep tumors from growing as well. there's ne
and unemployment dropped to 7.7%, the lowest in four years. superstorm sandy caused work interruptions in the northeast but the weather had a minimal impact on the employment. >>> and millions of people receiving extended unemployment would lose them without an agreement to avoid the fiscal cliff sometime soon. here's danielle nottingham with where both sides stand on this friday. >> 2, 1. >> reporter: before the first family lit the national christmas tree, president obama said the mandatory spending cuts and tax hikes that could kick in 25 days from now are threatening to ruin the holidays for millions of americans. >> the american people are counting on this getting solved. >> reporter: the two parties are leaving negotiations to the two main power brokers, president obama and house speaker john boehner. >> if the president doesn't agree with our proposal, he has an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. >> reporter: with the clock ticking toward the fiscal cliff deadline, government workers have jo
complicate efforts for superstorm sandy relief. 3 he isited he president at &pthe white house... thee he mm with senatorr from his own state... before sllpping in to meet the sseaker of the house... "i'm going home guys. pressdential candidaae... who l is rarely at a loss for words... departed tte nation's silence. as ii turnn oot... the new jersey goveenor's quest for money to ebuild his may be colliding with another ooher words... bbd timing. (reporter: is there any chance anyyof this will get talks?") "well look it doesn't come at an opportune time because of the fiscal cliff, both the talks and the fact that we're short on money but traditionally what this pountry has done was treat a from the storm ravaged statts believv the obama pdministration will propose roughly 50 billion ddllars in reliif... far hort of whatt (reporter: "is here that kind of money lying around?") of money lying around. it's &psuch a complex time ight now ww're deeling witt a host of fiscal issues, we're tryyng to preveet our country from going off the fiscal cliff." senator republican colleaaues would &plike
last month. that's more than expected because economists had worried that superstorm sandy had cut into job creation. apparently not the case. money watch reporter ashley morrison is going to join us in a couple of minutes and we will chat more about that. >>> gay couples in california are awaiting a supreme court decision that could come today. anne makovec joins us live here in san francisco with what could happen on the prop 8 case later today. ann good morning. >> the legality of california's prop 8, the ban on same sex marriage has gone to either side several times since it was passed back in 2008 and today. everybody is wondering what the supreme court is going to do. the u.s. supreme court scheduled to discuss whether or not it will review the constitutionality of prop 8. that is california's ban on same sex marriage approved by voters. pro prop 8 side is appealing a decision by the 9th u.s. circuit court of appeals which found the ban unconstitutional. it's one of several cases across the country concerning the federal defensive marriage act. >> the court has been waiting t
is resolved. superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an extended family. we have two sets of adult incomes in our home. it would be more like a $4,000 tax increase for us, which would be relatively devastating for our family. i wanted to share that with the white house. i wasn't sure i was going to get a response, but i did want to at least make my voice heard. >> president obama says he'll only sign off on a budget deal that includes a tax hike for the wealthiest americans. republicans say they want to generate additional tax revenue by closing tax loopholes and eliminating some deductns. >>> the budget stalemate is taking its toll on maryland and vi
impact around here. absolutely. >> thanks, jess. >>> superstorm sandy is widely thought to have slowed the u.s. job growth last month. the only question is how much. an answer is expected to emerge from the government's job report from november which is due out today. meanwhile new jersey's governor paid a visit to president obama yesterday asking for money to help his state rebuild. the storm destroyed 80% of this sea side heights community and left the famous boardwalk in pieces. governor chris christie says it will take $37 million to rebuild that area. the president is expected to ask congress for $50 billion but that will not cover the $83 billion that new york, new jersey and connecticut are already asking for now. >>> same-sex couples can now apply and receive marriage lrnses in maryland -- licenses in maryland. on the first day yesterday, just a few couples around the state actually went to clerks' offices to pick up listens. they have to wait -- licenses. they have to wait till 12:01 on new year's day. montgomery county's new licenses say party one and party two. prince george
after tax losses related to superstorm sandy will total roughly $1.3 billion. that's the latest from the fox business network, giving you the power to prosper lauren: welcome back. time for a quick speed read of some of the day's other headlines, five stories one minute. first up the e.u. strongest member showing weakness. germany's central bank cutting its growth forecast saying german gdp will likely only expand 4% next year down from the previous estimate of 1.6%. >>> california attorney general suing delta air lines distributing the fly mobile app without a privacy policy. first in the state legal action under the online privacy law. >>> india is hoping to open big box retailers like wal-mart. they say foreign companies can own a 51% stake in retailers for the first time. >>> they uncovered a drug smuggling tunnel 39 feet below ground and ran 131 feet and equipped with ventilation and electricity systems. >>> 50 shades of gray, announcing at ceo holiday party, every employee getting a $5,000 bonus to celebrate a profitable year. that is today's speed read. i have time to say that
information into "the situation room." >>> and a jersey shore home survives superstorm sandy, but vanishes in the days afterwards. welcome our viewers in the united states and around the world. i'm wolf blitzer. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com >>> the united states is now updating plans for a potential strike against syria due to intelligence showing the regime filled aerial bombs with deadly serin gas. barbara starr is getting new information from the pentagon, joining us with the latest. what is the latest on the disturbing development? >> wolf, let's emphasize, updating plans potentially if defense is ordered. for defense secretary leon panet panetta, the priority is to determine serious intent. with the u.s. now believing the syrian government has chemical filled bombs, cnn has learned the pentagon is secretly updating military strike options for president obama in the event he orders action. a senior u.s. official tells cnn a strike could be carried out with the ships and aircraft already stationed in the region. but planning is
're going to find out how hard superstorm sandy slammed the economy with the government's november jobs report due out. economists fear sandy battered hiring with estimates of 80,000 to 93,000 jobs added, compared to 171,000 in october. but some good news, though, yesterday from yesterday's weekly jobless claims, which held steady right around the prestorm level. >>> elsewhere, apple says it will begin making one of its mac lines right here in the u.s. next year. that will be good. >>> bowing to growing criticism across the pond, starbucks is foregoing certain tax deductions that help to reduce its tax bill to zero in britain, and they've agreed to pay $32 million of money they do not owe. >>> the securities and exchange says netflix chief reed hastings may have violated fair disclosure rules with a facebook post back in july, boasting monthly streaming hours passed 1 billion for the first time. netflix stock soared 6% that day. >>> ibm is revamping its retirement program with plans to now contribute to employee 401(k) accounts just once a year in a lump sum payment, disqualifying worke
in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president obama and speaker boehner met yes
. >> reporter: good morning. we'll find out today just how much superstorm sandy slowed job growth when the labor department releases the november employment report. on thursday the government reported weekly applications for jobless benefits fell sharply. the decline suggests the return to modest job growth that plunged during sandy's aftermath. some economists believe fewer than 100,000 jobs were added in november but others say if not for sandy job gains would have been at their highest since february. asian markets were lower. tokyo's nikkei lost a fraction while the hong kong hang seng also shed a fraction. michigan a long time bedrock of union employment could soon become the nation's 24th right to work state. protesters rallied at the state house and senate on thursday. both chambers passed separate bills banning mandatory union dues from non-union members. the republican governor said he would sign the bill when they are sent to him. tech stocks gave wall street a modest lift. the dow finished 39 points higher on thursday while the nasdaq was up 15 points. apple one of the tech
speech also spoke about helping the victims of superstorm sandy. m >>> we are also following developing news overseas. up next, egyptian president mohammed morsi tries to quiet protesters but is he will to back down from his power grab. >>> a major ruling in michigan that has some workers upset and could hurt the auto industry. more on that when we return.  >>> michigan is now one step closer to becoming a right to work state. yesterday, the state house and senate approved bills limiting ups from collecting fees from nonunion workers. the bill has caused quite an uproar with union workers who say union rights are now at risk. ballet between labor and business could hit the auto industry especially hard. the governor says the bill promotes work equality. >>> mohammed morsi said he would not tolerate anyone trying to overthrow what he calls his legitimate government but the protestors say they'll continue. seven people are dead after violent clash this is week. >>> and historic visit by the leader of hamas to gaza tbeen e years. his party has been in control of the gaza strip for five
,000 jobs in november. superstorm sandy may be part of the reason, but worry over the fiscal cliff may have also had an impact. economists predict that perhaps 200,000 jobs that you're -- 200,000 fewer jobs were created this year because of worries over the pasqual. republicans and democrats are talking again, but still no breakthrough. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling be part of a deal. >> he shows what he is really after is assuming unprecedented power to spend taxpayer dollars. >> republicans who said they are open to raising tax revenue said they will only do so in exchange for deep spending cuts. if no deal happens one casualty would be long-term unemployment help. >> christmas would be off the table. >> aides to speaker boehner and president obama met yesterday. >> we are finding out what folks in the d.c. area think about this club battle. a new poll shows that 57% of respondents believed that the president and congress will reach a deal. 78% found that both sides should compromise. >> and outspoken membe
taxes on the wealthiest 2%. >>> there is a newest mat tonight on the cleanup costs from superstorm sandy. new jersey's governor chris christie says the storm caused $37 billion in damages to his state alone. today he made the rounds at the white house and on capitol hill. he's asking lawmakers for an additional $88$83 billion in zafltzaflt disaster aid for his state and new york and connecticut. >>> tonight dozens of couples are officially to tie the knot in maryland. governor martin o'malley signed the referendum on same-sex marriage into law. this was the first day gay and lesbian couples could pick up marriage licenses in the state. >> we're so excited that on our 30th anniversary we will be married. and how does it change our life? it just unites us completely. we always felt we were married, but now it's legal! >> same-sex marriages won't actually be legal until january 1st. last month maryland, maine and washington became the first states to approve same-sex marriage by popular vote. >>> recreational use of marijuana is legal if washington state, taking effect today. adults are all
market. superstorm sandy may skew the numbers in today's november unemployment report. economists believe the storm's disruption slashed job growth in half. they say it might take another month or two before wall street gets an accurate read on the labor market. most economists predict just 80,000 jobs were added in november and that the unemployment rate held steady at 7.9%. >>> ahead of that report, the dow starts this morning at 13,074, added about 40 points in trading yesterday. nasdaq was up by 15 and a half and the s&p 500 was up by 4 and a half. apple says the company will begin producing one of its existing line of mac computers in the united states. the company will spend $100 million to shift production from china. apple originally made its computers in the u.s. but began outsourcing in the mid-1990's. t mobile will begin selling apple's iphone next year. it will become the last of the four largest carriers to offer the best selling device. analysts say adding the iphone may help t mobile lure more customers to long-term contracts and hold on to more subscribers. people are stil
, the impact from superstorm sandy. it wasn't there. that's what the bureau of labor sta stisks told us. we thought it might have a significant impact. it didn't. second of all, a number of people gave up on looking for work. that's why you see the significant decline in the unemployment rate. >> where were the jobs gained? >> primarily retail, which added 53,000 jobs. business services have been strong throughout this recovery. we saw those add 43,000 jobs and lastly health care, which has been one of those fields that most people would say is untouchable because there's a growing need for health care as the boomer population ages and because there are consistently jobs in the health care. also computer services were strong. retail, one thing to note, it's november, people hire for the holidays. >> rebecca jarvis, thank you. >> now to the crisis in the middle east. rejecting president mohamed morsi's call for reconciliation, refusing to compromise last night as he spoke to the nation. earlier, morsi got a call from president obama after a deadly confrontation between morsi's supporters and
was on an island shooting "survivor." >>> after heading to d.c. to ask for aid for superstorm sandy damage, chris christie explains his change of heart to president obama days after the storm and days before the presidential election. check out what he told jon stewart on "the daily show." >> people have different skill sets at different times. >> i see. so he wasn't a leader until you needed leadership. >> maybe until -- maybe until he was presented with an opportunity to lead. >> all right. >> critics call it a step towards union busting. protests against a proposed new labor law in a state known for organized labor. we are live from michigan next. >>> and call it man versus python. the state of florida needs your help to kill thousands of massive reptiles. why does this sound like it may not end well? they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toot
to convert to a roth ira? we will weigh in on that next. ashley: superstorm sandy sparking a business boom for one wisconsin generator company. jeff flock is live with that story. first, some of the winners and losers. ♪ le announcer ] where do you turn for legal matteters? at legalzoom, we've created a better place to handle youregal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to aner any questions. get started at lalom.com today. and now you're protected. ashley: superstorm sandy causing devastation for many americans. massive power outages sparked a booming business for one wisconsin company. jeff flock has more. jeff: whenever there is a huge economic recovery in this c
claims. that is a drop of 25,000 from the week before. it is a sign all of the effects from superstorm sandy have faded. on wall street today, still looking for a compromise to avoid the so-called fiscal cliff. the dow is up 39 to 13,074. the nasdaq is up 15 at 2,989. the s&p is up 4 at 1,413. >>> 360,000 californians will lose long term jobless benefits in three weeks if congress doesn't take action. today senators unveiled their pitch to extend unemployment insurance in 2013. it provides support after state help runs out. >> these are families. families. who depend on these benefits. benefits not an entitlement, they earned the benefits. >> some opponents say the aid should lapse because it discouraging people from looking for work. coming up a warning for the secretary of -- from the secretary offense defense. the jobs on the chopping block in california. >>> a woman who was missing for six days was found last night. paula lane is hospitalized tonight. her boyfriend did not survive. live in nevada where the family is keeping watch tonight. how is she doing? >> reporter: she is recov
of superstorm sandy. the labor department reported that 370-thousand people filed initial jobless claims last week. that's down 25-thousand people compared to the previous week. claims surged in mid- november, after the storm put many workers out of a job temporarily. november's jobs report is due out tomorrow. return to the new fantasyland in the magic kingdom at walt disney world in florida is officially open for business. the expansion includes more disney characters and two new themed areas -- the enchanted forest and storybook circus. the 425-million-dollar expansion is the largest in of the original fantasyland. will be opened through 20- 14. sports as next.. is next (male announcer): now, here's stanley roberts who found people behaving badly. >> you are looking at surveillance video of a bandit that has been hitting a home in livermore repeatedly the resident hopes you can idenitfy this brazen in the middle of the night thief he would steal >> cigarette packs on the front yard some garden tools that were in thr front yard one time he went in the back and a bb gun was stolen sara belie
fell to 370,000. claims had temporarily spiked last month after superstorm sandy. analysts say the effects of the storm are still being seen in the four week average which stands at 408,000. >>> there is new information tonight about an albany middle school teacher who killed himself after being accused of sex allegations. 28-year-old james isam saki killed himself in september after police arrested him and searched his home. since then there has been debate about the extent of the crimes. according to court documents unsealed today, he exchanged thousands of flirtatious messages with an under aged student along with open mouth kissing and fondling on campus. police say there were several victims. >>> police in mountain view have just released photos of an i.d. theft woman. the woman is impersonating a customer in downtown maintain view. the woman made unauthorized withdraws totaling $20,000. they are now asking for the public's help in identifing the woman. >>> we have new details about a 50-year-old woman who was shot and killed tuesday night while out on her bicycle near her
superstorm sandy did not significantly impact the number of jobs created last month. >>> military vets in the bay area have an advantage in the hiring process if they are interested in working at rapid transit. bart board of directors approved new hiring policy giving military vets press -- preference in the hiring process. starting january 1st the policy will give candidates 5% chance overcome . bart says those eligible must have at 181 days of active status and honorably discharged. >>> starting this morning wells fargo will begin granting $20,000 to east bay home owners who qualify for down payment assistance. part of a settle with the justice department. wells fargo offering five millions in assistance in areas most impacted by the housing crisis, to see if you qualify stop by the oakland convention center marriott hotel on broadway the two-day event runs from 10 to 7, today and tomorrow. >>> weather for those events should be fine, dry and we are going to start to warm up. this morning it is hard to believe. >> kind of chilly out there this morning, even cold. >>> absolutely, once
hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to 14.7%. so i think things are getting better. what i'm most afraid of is the type of talk we heard from speaker boehner and maxine waters. they are taking us to the cliff on both sides. the fact that entitlements is off the table is crazy. my friend david kotac said we should go all go to our window as was done in the movie "network" and yell out the window and say, i'm mad as hell. quit messing around with the economy. >> jared, what do you think? >> listen, if john is correct that the economy is even doing a little better than we think, all the more reason -- it kind of underscores my basic point, which is all the more reason not to b
report which is due at 8:30. economists are predicting superstorm sandy slowed job growth in november. right now, it is 5:38. we'll be back in just a moment.  [ female announcer ] for those who love sweets, your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic thing that makes everyone want another -- only $2.99 for land o'lakes butter. and when hands get messy, quite surely they'll say, "yum! wow! yay! what a sweeter holiday." safeway. ingredients for life. i'd like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories. ...more grains. less you! multigrain cheerios in multi-grain cheerios peanut butter. >>> welcome back. new this morning, michigan is now one step closer to becoming a right to work state. yesterday, the state house and senate approv
. chris christie met with president obama to talk about aid following superstorm sandy. and the first family lights up their tree. now let's get you back to "hardball." >>> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in the virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the democrats more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greates
for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work is not done any more than the work in the states is done. >> president obama is expected to ask for $50 billion in storm relief for new jersey, new york and connecticut. >>> meantime, president obama made a special trip to virginia today to highlight his fix for the "fiscal cliff." the deadline for the president and congress to find a way to avoid tax increases and spending cuts is 25 days away. president obama made a special point to sit with a middle class family in virginia this afternoon. he was trying to offer an example of who would be hurt by the republican tax proposal. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives the sense of the costs i
. despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm in the face of sandy and fiscal cliff concerns, so that's good news. >> surprising exactly no one, the white house and republicans had different spin on the numbers. >> if congress does address the problems that it needs to address, concerning the fiscal cliff, if we have reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class we're going to see progress in this economy. >> the risk the president wants us to take increasing tax rates will hit many small businesse
it all. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the seriousness that's conveyed in this picture, i almost never say this. there are things in which politics takes a very far back seat. this is one of them. >> take a look at the next picture. we were talking a few minutes ago about possible cabinet choices. there's dennis mcdone noug on the right and jack lou is if he's the treasury secretary and tom lon lan, the national security adviser. the president is so comfortable with these insiders. these are great pictures by pete suza. look at air force one. the president is in marine one coming in behind. there's air force one that's a wonderful picture. finall
of water in that thing after superstorm sandy. i postponed giving him an answer because i hadn't looked at this company since it was spun out from itt last year. i always knew they had this great plumbing pipe division. xylem is an exciting pure play water company with products involved in the transportation, treatment of water. is there a way to play water? i'm using xylem from now on. this one sells water and waite water pumps along with filtration, disinfection, and biological treatment equipment primarily for utilities. stock's only up 3% for the year. but there's a reason. there's always a reason when the good ones aren't working. right? always a reason. and the answer is europe accounted for 37% of sales. >> the house of pain. >> yeah. that's last year. so we're concerned the weakness over there will dampen any positive effects from sandy. the president's asking for a huge ton of money now for sandy. if you want to own xylem i think you have to wait for a pullback maybe down to 24. that's a couple bucks below where it is now. but i am intrigued by this one. intrigued for certain.
superstorm sandy with bruce springsteen. we'll have that for you. >>> a packed show for you this morning. michigan congressman, justin amiutomati aumash will join us, leonard curts and lauren ashburn and economist diane swonk will join us when we talk about the job numbers. it's friday, december 7th and "starting point" begins right now. >>> welcome, everybody. our team this morning, ryan lizza, our washington correspondent for the new yorker, richard socarides is with us, former adviser to bill clinton. >> although some days he wishes he was. >> oh, wow! this is richard right here. new yorker.com joining us. that's will cain, people. we know that. our texan, resident texan and cowboy boot wearer. >> every day. >> blaze.com blogger. nice to have you all with us. zoraida sticking around as well. let's talk about that tsunami threat that's been lifted in japan. it was a terrifying moment out there. rocked by a 7.2 magnitude quake. i think that's our japan bureau, that camera. the tremor hit off the coast. the building shaking. want to get right back to alex zolberg. the video i'm seeing ar
's interesting about this is we still need to see superstorm sandy impact, maybe it will show up next month. who knows. presidential election is over. the federal reserve, by the way, will be watching to see what the fed does in terms of monetary policy. we know it will keep interest rates very low. will they have any stimulus up their sleeve? all of this are things we're still looking forward to. fiscal cliff still hanging over us. markets, at least, are telling us that we think washington will get its act together, avert the fiscal cliff and like what they see from the jobs report this morning. >> my goodness. that's optimism there. can you talk to me a little more about this job market shrinking and that maybe why the unemployment rate dropped? >> two surveys that the government takes, household survey where they call thos thousands of people at home and ask, are you working? that's the number that gives us the unemployment rate. they also talked to thousands and thousands of companies and they say how many jobs do you have? how many jobs have you added? that's how you get that net job creati
146,000 jobs despite the fact that superstorm sandy caused $60 billion worth of damage in this country. but after all that devastation, construction jobs are seeing a big bump in communities that sandy hit hard. rick leventhal is live on staten island, new york, a little bit of a silver lining here, rick. >> reporter: yeah. of course a lot of businesses suffered as a result of hurricane sandy, especially restaurants and retail hit by that storm surge. but as you mentioned, some businesses are seeing a boom, especially in the home improvement area. construction jobs, plumbers, electricians, landscapers, roofers, drywall finishers, they're all working very, very hard, getting a lot of new business. we spoke to a couple, dana that and anthony devigne know, who run their own electrical contracting business, here's what they told us. >> people want their work done right away, and we're working as hard as we can to get that done for them. >> and i'm a firm believer in taking the work while it's there, so we really don't pass up too much. if we have to work saturdays and sundays, we will. >>
rate fell to 7.7%. superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements. >>> and in yet another bizarre twist in the bizarre saga of software tycoon john mcafee. mcafee was rushed to the hospital thursday from a detention center in guatemala city, after complaining of chest pains. he's now back in his cell and could be send back to belize, where police want to question him about the murder of his neighbor. >>> now, here's diane sawyer with a preview of tonight's "world news." diane? >> so, josh, it's friday. it's great to talk to you. and how about a holiday tradition for years? everybody wondering, what happened to the determined little boy they loved? well, he's all grown up. and he has a perfect gift for you. tonight, behind the scenes of a christmas classic. and he is our "person
no impact from superstorm sandy. the unemployment rate went down 7.7%. here is the reason why. the labor force participation rate down to 63.6%, and 350,000 people passed the work force and gave up looking for work. that is the real story in the jobs report. that is why many -- why the rate came down. a lot of people flat out discouraged. the white house releasing a statement on the jobs report, same as always saying the economy is growing, policies are working. only a small game for stocks this morning. dow industrials, 51 points. back in a moment with a young republican. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for ristmas delivery. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to bathe, i thought those days might be over. so my doctor prescribed symbicort. it heps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm'm breathing bette. an
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